Techcombank plans capital increase via 50% stock dividend

Techcombank has announced a plan to increase its charter capital by issuing shares to pay dividends and through an Employee Stock Ownership Plan (ESOP). Under the revised plan, the bank intends to issue approximately 3.54 billion shares to existing shareholders at a 50% dividend rate, a reduction from a previously proposed 60% rate. Additionally, the bank plans to issue nearly 30 million ESOP shares.

Following these issuances, Techcombank’s charter capital is expected to rise to approximately 106,593 billion VND, which would make it the private bank with the largest charter capital in Vietnam. The implementation is projected for the fourth quarter of 2026, pending regulatory approval.

The bank reported strong financial performance for the first half of 2026, with pre-tax profit reaching 18.54 trillion VND, a 22.5% increase compared to the same period last year. Techcombank also recently led the private banking sector in budget contributions, contributing nearly 11 trillion VND to the state budget in 2025.